Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead

Published by jackkellerinc on

The Delaware Supreme Court made its ruling in the fight over Tesla CEO Elon Musk’s $55 billion pay package from 2018, reversing the Court of Chancery’s decision and reinstating the pay package.

But the Court still penalized Musk $1 plus attorney’s fees due to the award’s unfairness.

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